Global hfo refrigerant market industry size, global trends, growth, o Ingestible_sensor | Page 2

Global ingestible sensors market: global market size, industry growth,
future prospects, opportunities and forecast 2018-2023
Orion Market Research (OMR), recently published a market research report on the global ingestible
sensor market. According to the OMR analysis, the global ingestible sensor market is expected to grow
at a significant rate during forecast period 2018-2023. The rising prevalence and incidence of lifestyle
related diseases such as obesity and diabetes are driving the growth of the global ingestible sensor
market. The global ingestible sensor market is segmented on the basis types of sensors, application and
geography. The report provides detailed and insightful chapters on market overview, key findings,
strategic recommendations, market estimations, market determinants, key company analysis, company
profiling, market segmentation, geographical analysis and analyst insights .
Full report of global ingestible sensor market is available at:
https://www.omrglobal.com/industry-reports/ingestible-sensors-market/
“The active presence of market players is fueling the global ingestible sensor market growth. Ingestible
sensor market players such as Abbott laboratories, GE Healthcare, Olympus Corporation and Sanofi are
contributing significantly into the growth of the global ingestible sensor market. The players are
consistently launching new products in the market. The market growth is also linked to regular FDA
approvals for new products of the companies. For an instance, the first digital pill in the US has been
approved by the FDA in November 2017. It is a drug digital ingestion tracking system allowing patients
for tracking their medications on their smartphone. The pill is the result of a joint effort between
Proteus Digital Health that developed the sensor; and Proteus Digital Health, which developed the
sensor, Abilify manufacturer.”
The global ingestible sensor market is geographically divided among four major regions – North America,
APAC, Europe, and Rest of the world. North America is expected to dominate the global ingestible
sensor market owing to the rising need for smart pills and remote monitoring medication. In addition,
presence of market players has a significant impact on the growth of market in the North American
region. Asia Pacific market is expected to have the highest CAGR amongst all regions during the forecast